Wednesday, August 21, 2019

Fantastic Factors About Mobile Banking

If you are extremely busy on a day to day basis and can barely find the time to treat yourself to lunch, let alone make a trip to the bank, this is the blog for you! Our bank at the Lake of the Ozarks is here to give you a few fantastic factors about mobile banking and information on how this great tool can make your life so much easier! If you haven't already checked this out, you should take just a few minutes to either go to the First Bank of the Lake website, www.FirstBankLake.com or give us a call at 573-348-2265 and learn more about mobile banking at the Lake of the Ozarks.


Fantastic Factors About Mobile Banking


Deposit your checks by simply taking a photo.
Perhaps, your company doesn't do direct deposit or you're a landlord that gets paid rent in checks every month. It is completely understandable that sometimes you just don't have time to drive to the bank. There is only so much time in the day. Mobile banking makes simply depositing checks 100 times easier. Save your gas and time and look into this feature.

Check your balance by easily pulling out your smartphone.
Maybe you have a large bill that is being paid online every month automatically and you know the due date is coming up but you're not sure whether you have the funds in your account to cover it. You may not always be in a place where you can call the bank to check your balance. Whether you are at work and there are no phone calls allowed or you're simply waiting in a doctor's office and would feel awkward making a phone call around strangers as you wait - mobile banking allows you to check your balance without making a phone call.

Build your savings easier.
You may have a savings goal each month, whether you want to put back 20% of your paycheck into savings or more, mobile banking allows you to transfer money from your checking to your savings within seconds. This convenience can be done at your fingertips and there is no need to waste time driving into the bank or making a phone call.


Need More Information on Mobile Banking at First Bank of the Lake?


Please give our bank in Osage Beach a call at 573-348-2265 today. Our friendly staff would be happy to walk you through the ins and outs of our Mobile Banking App and help get you signed up for it if you so choose. Get your questions about Mobile Banking answered today and call First Bank of the Lake now.


Want More Awesome Finance Tips? Sign Up For Our Newsletter!


First Bank of the Lake - Striving For Excellence
Member FDIC. Equal Housing Lender.


Located at the entrance to the Osage Beach Premium Outlets!

4558 Osage Beach Parkway

Suite 100
Osage Beach, MO 65065


(573) 348-2265

Wednesday, August 14, 2019

Applying for an SBA Loan

Applying for an SBA Loan at the Lake of the Ozarks may seem intimidating, especially for a first time business owner but it really doesn't have to be. The right Lake of the Ozarks loan officer will make you feel at ease and communicate with you clearly throughout the entire process. With that in mind, First Bank of the Lake is here to give you a few tips for applying for an SBA Loan in Missouri. If you have any questions about the small business loans at First Bank of the Lake, please call (573) 348-2265.


Tips for Applying for an SBA Loan

Tip #1: Be prepared to explain "why" you need the loan.
Most likely your SBA loan officer is going to need to know why you need the loan in the first place, as in "what's your business?" Be prepared to answer this question in the most professional way possible. Have a business plan put together and be able to answer questions they may have about your business. Remember, this organization is lending you money, likely, a good sum of money, so it shouldn't come as a surprise to you that they want to know why you need it and that it's for a reasonable purpose.

Tip #2: Fill out the application completely and honestly.
Don't leave anything blank on your application unless your SBA loan officer asks you too. Be honest with your answers. Dishonesty may be cause for your application to be terminated immediately and for the loan officer to give other banks a heads up about you being dishonest in the first place.

Tip #3: Research lenders and banks and get opinions from others.
You likely either know someone or know someone who knows someone who owns a business has applied for an SBA loan before. Ask around and get their opinions on lenders. You can also look online for reviews and gather information on prospective lenders, so you have a good idea of the lenders available so you can make an educated decision on who you go to. Here is our SBA lending staff:
Doug Clark, SVP/SBA Loan Officer
Allen Holtmeyer, SVP/SBA Loan Officer
Erin Robinson, VP/SBA Loan Specialist
Matt Gredell, VP/ SBA Loan Officer


Tip #4: Get your documents in order and organized for the application process.
You may need certain documents when applying for an SBA loan, such as:
  • Copies of your tax returns (personal)
  • A list of debt your business may currently have
  • Copies of contracts with vendors
  • Collateral, may include your house, car, equipment, etc.
The best thing to do is to ask your SBA loan officer what documents exactly they will need so you are prepared for your appointment.

Again, applying for an SBA loan may seem intimidating, especially if it's your first time doing it, but here at First Bank of the Lake, you don't have to worry about feeling that way. We offer the best customer service and we will greet you with a smile. We will communicate with you clearly throughout the whole process and make sure you are prepared and not caught off guard by anything. For more information on our SBA loans, please visit www.FirstBankLake.com and select the SBA Loans tab.

Want More Awesome Finance Tips? Sign Up For Our Newsletter!


First Bank of the Lake - Striving For Excellence
Member FDIC. Equal Housing Lender.


Located at the entrance to the Osage Beach Premium Outlets!

4558 Osage Beach Parkway

Suite 100
Osage Beach, MO 65065


(573) 348-2265

Wednesday, August 7, 2019

Awesome August Events at the Lake of the Ozarks

This Lake of the Ozarks bank feels thankful to be a part of this community! In light of that, our Osage Beach bank is here to give you important information on a few AWESOME events happening this month. Community means everything to us. For more information on this community bank, visit the First Bank of the Lake website, www.FirstBankLake.com.


Source: www.FunLake.com

Wishing Upon A Ride Powerboat Rides
Aug 18, 2019 - Aug 22, 2019
Redhead Yacht Club & Captain Ron’s
82 Aloha Ln
Sunrise Beach MO 65079
Email: mtmaasen@gmail.com
Website: https://lakeoftheozarksshootout.org/events/wish-upon-a-ride-powerboat-rides/
Hours of Operation: 12:00 pm – 4:00 pm Both Days

The Great Shootout Treasure Hunt
Aug 19, 2019
Captain Ron's
82 Aloha Lane
Sunrise Beach Missouri 65079
Phone: 217-779-2768
Website: https://lakeoftheozarksshootout.org/events/treasure-hunt/
Hours of Operation: 5:00 pm – 9:30 pm

Shootout Hall of Fame Dinner & Induction
Aug 20, 2019
The Stables at Cannon Smoked Saloon
23 Spring Cove Rd
Sunrise Beach MO 65079
Phone: 217-779-2768
Website: https://lakeoftheozarksshootout.org/events/shootout-hall-of-fame-dinner-and-induction/

FLOAT YOUR BOAT Food Bank Fundraiser
Aug 20, 2019
Captain Ron's Bar & Grill
82 Aloha Lane
Sunrise Beach MO 65079
Phone: 573-317-4440
Email: jjones@oldkinderhook.com
Facebook: https://www.facebook.com/events/489047885167666/
Hours of Operation: 1:00 pm

Shootout On The Strip Street Party
Aug 21, 2019
Bagnell Dam Strip
Bagnell Dam Blvd.
Lake Ozark Missouri 65049
Website: https://lakeoftheozarksshootout.org/events/shootout-on-the-strip/
Hours of Operation: 5:00 pm to 10:00 pm

Custard with a Cop
Aug 21, 2019
Randy's Frozen Custard
4681 Osage Beach Parkway
Osage Beach MO 65065
Phone: 573-302-2010 ext. 1110
Email: dmorley@osagebeach.org
Website: https://osagebeach-mo.gov/
Hours of Operation: 7:00 pm – 8:00 pm

Harmy's Humpday Bags & Brew
Aug 21, 2019
Harmy's Cheese Store & More, LLC
6378 Osage Beach Parkway
Osage Beach MO 65065
Phone: 573-693-1243
Email: sharon@harmisonsfundraising.com
Website: http://www.harmys.com/
Facebook: https://www.facebook.com/HarmysCheeseStore
Hours of Operation: 5:45 pm – 9:00 pm
See the website for details.

LOSHTC August Informational Meeting
Aug 22, 2019
Central Bank
101 Dogwood Lane
Laurie MO 65038
Phone: 573-480-5863
Website: https://www.stoptraffickinglakeozarks.org
Hours of Operation: 6:30 pm – 8:00 pm
At this meeting, Speaker Russ Tuttle from the Stop Trafficking Project will talk about "Social Media and Children."

Troprockin' Ozarks Fest
Aug 22, 2019 - Aug 25, 2019
Margaritaville Lake Resort
494 Tan-Tar-A Drive
Osage Beach MO 65065
Phone: 309-275-2160
Email: bearsfan_71@yahoo.com
Website: http://www.troprockinozarksfest.myevent.com
Facebook: https://www.facebook.com/troprockinozarksfest/
Hours of Operation: 1:00 pm – 1:00 am Each Day
See the website for details.

Shootout Poker Run Meet & Greet/Silent Auction by Poly Lift & Lake Expo
Aug 22, 2019
Performance Boat Center
1650 Yacht Club Dr
Osage Beach MO 65065
Phone: 573-873-2300
Website: https://lakeoftheozarksshootout.com/events/silent-auction/
Hours of Operation: 4:00 pm – 9:00 pm
See the website for details.



We hope you enjoyed learning more about these community events at the Lake of the Ozarks. We believe in supporting your neighbors and this bank is your neighbor. First Bank of the Lake is a local bank that believes when you work with a local bank, you put your money to work growing the local economy. To learn more about growing your local economy with us, visit www.FirstBankLake.com.

Want More Awesome Finance Tips? Sign Up For Our Newsletter!


First Bank of the Lake - Striving For Excellence
Member FDIC. Equal Housing Lender.


Located at the entrance to the Osage Beach Premium Outlets!

4558 Osage Beach Parkway

Suite 100
Osage Beach, MO 65065


(573) 348-2265